Latest Posts

There’s no point in anyone purchasing the stock above its current level when a buyout is going to come in lower than what they bought it for. So why might you buy King Digital at this point? There isn’t really a reason to.

The Dow Jones Industrial Average today added 89 points as energy stocks surged despite supply concerns around the globe. Energy stocks are now up 23% since August, but still remain down 10% year to date.

King stock was down 3% going into earnings. This suggests that investors were pessimistic about the stock going into its earnings report. Our consensus has gone down in the last 90 days, from EPS estimates of $0.38 to $0.36.

The gaming industry is a battle of blockbusters. A single big hit can drive years of profitability for a game studio. This is true for both mobile game companies such as KING and ZNGA as well as their console game counterparts such as EA and ATVI.

Beating low expectations in the third and fourth quarter of 2014 has been enough to stabilize and even increase King’s stock price. Still, King will need to prove that it can get its earnings growing again to please investors.